Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 13.6 million. The OCB explained, in a statement on Monday, that the value of the bills allocated for a maturity period of 28 days recorded OR 5 million, with an average acceptable price of OR 99,660, and the lowest acceptable price reached 99,660 per OR 100, while the average discount rate was 4.43214 percent, and the average return was 4.44726 percent. It added that the value of the bills allocated for a maturity period of 91 days amounted to OR 4.6 million, with an average acceptable price of OR 98,736, and the lowest acceptable price reached 98,730 per OR 100, while the average discount rate was 5.07129 percent, and the average return was 5.13623 percent. The value of the bills allocated for a maturity period of 182 days amounted to OR 4 million, with an average acceptable price of OR 97,455, and the lowest acceptable price reached 97,455 per OR 100, while the average discount r ate was 5.10398 percent, and the average return was 5.23727 percent. The statement noted that the interest rate on repurchase operations with the Oman Central Bank (repo) on these bills is 6 percent, while the discount rate with the OCB on treasury bill facilities is 6.50 percent. Treasury bills are a guaranteed short-term financial instrument issued by the Ministry of Finance to provide investment outlets for licensed commercial banks, with the Oman Central Bank (OCB) acting as the issuance manager for these bills. Source: Qatar News Agency